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Ford slows rate of cash burn in posting $1.4 billion net loss
Fri, 24 Apr 2009Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.
Mitsubishi tease three new concepts for the 2013 Tokyo Motor Show
Tue, 08 Oct 2013The three Mitsubishi Concepts heading for the Tokyo Motor Show The European Motor Shows may be over for 2013, but the Tokyo Motor Show is still to come (first public day 23rd November), and Mitsubishi are already teasing new concepts for their home show (above). All three concepts preview the future of Mitsubishi’s design language, and all three are SUVs/Crossovers of one kind or another. The biggest of the trio of concepts is the Mitsubishi Concept GC-PHEV, a proper full-size plug-in hybrid SUV, which Mitsubishi says offer dynamic driving and features MMC’s S-AWC (Super All Wheel Control) to deliver better handling and stability on-road and still be properly capable off-road.
This week in 1963: N
Mon, 12 Aug 2013Safety is a priority for drivers, teams and courses. Over the past century automobile safety has been slowly evolving (or rapidly evolving, if Ralph Nader has had anything to say about it). Needless to say, it is unusual for a safety feature that performed its function to make news.